LVMH-Backed L Catterton Agrees to Buy Majority Stake in Kiko
The private equity fund has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business.
Hung Huang
China’s Icicle Buys Carven
Icicle Fashion Group has acquired the Parisian fashion label, which filed for Chapter 11 bankruptcy in May.
Inside L'Oréal's Cannes Strategy
With foot traffic sliding in drugstores and eyeballs shifting from televisions to mobile screens, L’Oréal pulled out all the stops at the world’s most watched film festival.
In China, All Eyes on Young Designers
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Global Markets
China’s Elusive Fashion Capital, Part 1
Almost every major fashion country has one city that shines brighter than the rest. But China’s vast, diverse market defies the norm. In Part 1 of a two-part investigation, we examine the fashion capitals of Shanghai and Beijing. Next month, in Part 2, we explore Hong Kong and Guangzhou.
China’s Elusive Fashion Capital, Part 1
Almost every major fashion country has one city that shines brighter than the rest. But China’s vast, diverse market defies the norm. In Part 1 of a two-part investigation, we examine the fashion capitals of Shanghai and Beijing. Next month, in Part 2, we explore Hong Kong and Guangzhou.
5 Stereotypes About Chinese Luxury Consumers Debunked
As China’s consumer revolution advances, there are still a slew of misconceptions about shoppers in the world’s largest luxury market.
The China Edit | Asian Designers, Second-Tier Cities, Shangpin's New Model, E-Commerce Booms
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
The China Edit | Upside to Slowing Growth, Lululemon's Challenge in China, Qeelin Expands, Faster UK Tourist Visas
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Week in Review | Charlotte Tilbury, Hung Huang, Carlos Jereissati, Kenya, Free Press, Fashion's Rumour Mill
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Op-Ed | The Silver Lining to China’s Slowing Growth
Hung Huang, “the Oprah of China” and a member of the recently launched BoF 500, sees an upside to the luxury slowdown for local Chinese designers.
The China Edit | Prada's Profits Grow, Chinese Tourists, Austerity's Impact, Middle Class Remains Thrifty
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
Global Markets
In China, Ink Joins a Budding Crop of Concept Stores
As a growing number of wealthy Chinese fashion consumers increasingly seek to differentiate themselves from their megabrand-wearing peers, curated multi-brand boutiques are on the rise. BoF visits Ink, a concept store that carries Boris Bidjan Saberi, Damir Doma and Rick Owens, housed in a Beijing hutong.
In China, Ink Joins a Budding Crop of Concept Stores
As a growing number of wealthy Chinese fashion consumers increasingly seek to differentiate themselves from their megabrand-wearing peers, curated multi-brand boutiques are on the rise. BoF visits Ink, a concept store that carries Boris Bidjan Saberi, Damir Doma and Rick Owens, housed in a Beijing hutong.
Week in Review | New York's Shifting Retail Landscape, Talent Spotters, Faustine Steinmetz, China's Slowdown, Ottavio Missoni, Faye Toogood
BoF editor-in-chief Imran Amed recaps the week in the business of fashion.
Company Snapshot
Dubbed the ‘Oprah of China,’ the media mogul published iLook before founding fashion retailer BNC, known for launching young Chinese designers.
The News in Brief
Zara Re-Enters Venezuelan Market
The company confirmed in January that it planned to restart activities in Venezuela in the first half of 2024 with local partner Grupo Futura.
EU Hits Fast-Fashion Giant Shein With New Digital Rules
The move means Shein could be liable for fines of as much as 6 percent of global revenue for violating the law, designed to curtail the spread of illegal content online.
Shares of Versace Owner Capri Seen Falling 30% If Deal With Coach Owner Tapestry Fails
Since the merger announcement, Capri has reported weaker-than-forecast earnings twice, spurring concern about its performance in the coming quarters.
Celine Adds To Fragrance Line-Up
The new scent, Zouzou, is the fashion house’s first new perfume since 2022.
Unilever Sales Rise More Than Expected, Led by Beauty
Unilever Plc sales jumped more than expected in the first quarter as Chief Executive Officer Hein Schumacher pushes ahead with his turnaround plan and shoppers come back to premium brands.
Biden Signs Possible TikTok Ban Into Law; ByteDance Vows Legal Challenge
President Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok’s US assets or face a ban.
Google Postpones Phasing Out of Ad Cookies in Chrome Browser
The Alphabet Inc. company said in a blog post Tuesday that it’s still working with the ad industry and regulators on the plan.